Publications
Publications
- 2024
The Economic Benefits of a Public Sector Nano, Micro, Small and Medium Enterprise (nMSME) Grading Agency: Evidence from Nigeria
By: Saveshen Pillay, Zaakirah Ismail, Anywhere Sikochi and Charles Odii
Abstract
This is a summary of our working paper exploring the possibility of creating a public sector credit rating system in Emerging Markets. Using research and insights from ongoing work with the Nigerian government, the first country in Africa to attempt to establish a public sector credit rating entity, we showcase the potential economic benefits of the public sector gradings in Nigeria as a proxy to how the evidence of the benefits could impact other countries within emerging markets. Given the challenges faced by the private sector rating services for small and medium enterprises around the world, we propose a public sector model as a solution to support the economic activity and document findings aimed at providing actionable insights for emerging markets considering the adoption of a public sector grading system.
Keywords
Citation
Pillay, Saveshen, Zaakirah Ismail, Anywhere Sikochi, and Charles Odii. "The Economic Benefits of a Public Sector Nano, Micro, Small and Medium Enterprise (nMSME) Grading Agency: Evidence from Nigeria." Report, March 2024.